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Montgomery Village Homes for Sale

By
Industry Observer with Retired

Montgomery Village Homes for Sale, Pre-foreclosures, REO - Montgomery County MD

Please let us know if you need to purchase by the end of April to qualify for the tax credit. This is for first time home buyers and current owners that have owned for 5 years.

Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale.

The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers.

The first report shows the 32 active listings excluding the lender owned (REO) homes and the short sale listings.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-98278156-82

The second report shows the 49 short sale listings that are available.Short sales are transactions where the proceeds of the sale will not cover the outstanding mortgages. These are sometimes called pre-foreclosures. Home buyers need to be very selective when submitting offers on short sales. If the price appears too good to be true, the listing may be unrealistic.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-98278187-159 

The third report shows 14 lender owned foreclosures (REO) for sale.  The lender owned properties are vacant and prices are reduced until they are sold by the highly motivated sellers.   

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-98278287-479 

The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program: http://www.federalhousingtaxcredit.com/glance.php 

Please contact us with your questions. Your referrals of friends and family members will always be appreciated.

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Roy Kelley
Retired - Gaithersburg, MD

Good Tuesday evening to all. Have an outstanding week.

We expect very cold weather in Maryland this week.

Dec 13, 2016 05:24 PM
Roy Kelley
Retired - Gaithersburg, MD

It sometimes a good practice to revisit old blogs and reblogs. We might even find some good ideas for new posts.

Aug 15, 2018 03:30 PM